This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Unformatted text preview: t instead? Only intercept is different from each other. Others are the same. 3. Detrend all the variables and run the regression using detrended variables. Compare the results with those you get from the regression using the time trend in the regression model. The result of detrended regression model is as follows: Parameter Estimates Parameter Standard Variable Label DF Estimate Error t Value Pr > t Intercept Intercept 1 1.32889E16 0.00606 0.00 1.0000 x1 Residual 1 0.16869 0.04361 3.87 0.0005 x2 Residual 1 1.05735 0.17409 6.07 <.0001 Therefore, the slope coefficients are the same as those of regression using the time trend, but intercept is different....
View Full
Document
 Fall '10
 professor

Click to edit the document details